Timothy Sumer

2023 Solo 401k Contribution Limits (Self-Employed 401k, Self-directed 401k, Individual 401k) Book a call: Our owners host daily webinars on our community where you can ask questions! Please join My Community to participate & ask questions: Please join My Community to ask questions: Free to Join! All are Welcome! LEARN MORE: The solo 401k plan, commonly referred to as self-directed Solo 41k is the retirement plan of choice for self-employed individuals or owner-only businesses including for the features highlighted below: -The highest contribution limits for any defined contribution plan including up to $57,000 (or even $63,500 if you are 50 or older) for 2020 (for 2021: $58k or $64.5 if you are 50 or older). -The ability to make pre-tax, Roth, and even Mega Backdoor Roth contributions. -401k participant loans of up to $50,000 -Invest with checkbook control in real estate, cryptocurrencies, notes, private placements, and other types of alternative invest

Today Dr. Dahle walks you through what changes are coming with Secure Act 2.0. He will take you through everything step by step to hopefully make sense of all of the changes for you. He also answers your questions about the backdoor Roth, estate planning, tax loss harvesting and more. If you want to read more about Secure Act 2.0 click the link: What’s changed in healthcare? The opportunities, the lifestyle, and you. Your needs, wants, and goals are probably different than they were five years ago. Now’s the perfect time to explore locum tenens opportunities. Start your research at an unbiased, educational resource. You’ll hear true stories from physicians, learn about specialty trends, compare locums agencies, and more. Locums could be an essential part of a career that adapts to your needs. Visit The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and re

Harvard Law Attorney George Blower discusses the top reasons why clients transfer or switch providers including from TD Ameritrade to a Self-directed Solo 401k. Learn More: The solo 401k plan, commonly referred to as self-directed Solo 41k is the retirement plan of choice for the self-employed or owner-only businesses including for the features highlighted below: -The highest contribution limits for any defined contribution plan including up to $57,000 (or even $63,500 if you are 50 or older) for 2020. -The ability to make pre-tax, Roth and even Mega Backdoor Roth contributions. -401k participant loans of up to $50,000 -Invest with checkbook control in real estate, cryptocurrencies, notes, private placements and other types of alternative investments. Open an Account: Learn More: Subscribe to our channel for weekly educational webinars: For over 10 years, My Solo 401k Financial is the leading self-directed solo 401k provider having helped over 8,000 clients

IRA Financial's Adam Bergman Esq. discusses the Solo 401(k) contribution rules and whether or not you can still make contributions for the 2022 taxable year. -- Learn more about the Solo 401(k) contribution rules: -- Discover more videos by IRA Financial: Subscribe to our channel: -- About IRA Financial: IRA Financial was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(k) plan to make alternative asset investments, such as real estate. He created IRA Financial to help educate retirement account holders about the benefits of self-directed retirement plan solutions. IRA Financial is a retirement account facilitator, document filing, and do-it yourself document service, not a law firm. IRA Financial does not provide legal services. No attorney-client relationship exists between Client and IRA Fina

Get the updated contribution limits for the Solo 401(k): Discover more videos by IRA Financial: -- Self-employed individuals are discovering the Solo 401(k) retirement plan, which allows them to take full control of their retirement funds. You can make high contributions, and use your funds to invest in alternative assets as well as traditional investments. Watch the client testimonial on switching to the Solo 401(k) from the SEP IRA. -- About IRA Financial - IRA Financial Group is the market's leading Self Directed IRA LLC and Solo 401(k) Facilitator. We have helped thousands of clients take back control over their retirement funds while gaining the ability to invest in almost any type of investment, including domestic or foreign real estate, tax liens, precious metals, peer-to-peer lending, new businesses, stocks, mutual funds, foreign currencies, options and much more. We have close working relationships with all the leading custodians making the set-up process sea

Learn more about the Solo 401(k) employee deferral contribution: _ The employee deferral feature in the Solo 401(k) sets it apart from any other retirement plan. The Solo 401(k) is similar to the SEP IRA, however the SEP is a pure profit-sharing plan. The Solo 401(k) has two contribution features: the profit-sharing contribution (much like the SEP IRA) and the employee deferral feature, which was added in 2001. This allows Solo 401(k) investors save more by making higher contributions. Watch the full video to see how you can benefit from the Solo 401(k) employee deferral contribution if you are self-employed or a small business owner with no full-time employees. Discover more videos by IRA Financial: _ About IRA Financial: IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(K) pla